Bitcoin's dominance in the cryptocurrency market has spiked to 60.5% this week, creating significant pressure on altcoin markets. Analyst Benjamin Cowen has provided insights suggesting that this phase of altcoin struggle may soon shift in favor of altcoins.
In a recent post on the platform X, Cowen referred to the current state as the "grand finale of the altcoin reckoning," indicating it could potentially conclude by December, signaling a possible recovery or turnaround for altcoins.
Source : coinedition.com ↗